Which city is cheaper, Monaco or Mykonos?
These are the overall average travel costs for the two destinations.
A Travel Price Comparison for Families, Couples, and Backpackers Mykonos vs. Monaco for Food, Nightlife, Resorts, and Couples
Jump to 
Should you visit Mykonos or Monaco?
Which is cheaper to visit? Which is more expensive for vacation?
Which city should you visit? Read on to compare the activities as well as the prices of travel for Mykonos and Monaco. We'll break down costs for accommodation, food, transportation and more to help you learn more about these two destinations. Then, you can figure out if either of these two places are accessible based on your travel budget, schedule, and interests. So, let's dig into it.
Mykonos
Mykonos is a picturesque, postcard perfect, and glamourous Greek island. The famous beauty of this place is one of the main draws. It also has a unique and quaint vibe that attracts lots of visitors. And you can't forget about the shopping, museums, and nightlife.
Monaco
Monaco is a glitzy, glamorous, and captivating coastal resort area. Travelers will also find plenty of sights and attractions here, as it's a big city that attracts lots of visitors. The beauty of this spot is also one of the main reasons why visitors come. And you can't forget about the food, scuba diving and snorkeling, and beaches.
Mykonos and Monaco: Pros and Cons
Mykonos
Pros- Good scuba and snorkeling destination
- Popular beach
- Good for couples and romance
- Impressive beauty
- Quaint atmosphere
- Less family-friendly
- Less popular with backpackers
Monaco
Pros- Good scuba and snorkeling destination
- Popular beach
- Good for couples and romance
- Big city activities
- Impressive beauty
- Less family-friendly
- Less popular with backpackers
How is Mykonos different from Monaco?
Which is Better for a Holiday?
Let's take a look at the differences and similarities between Monaco and Mykonos. Then, you can decide for yourself which place is better for your next trip.
Is Mykonos or Monaco Better for Food?
Mykonos
Monaco
Dining out at restaurants in both Mykonos and Monaco can be an enjoyable experience.
Eat your way through Mykonos, as it has many local or world renowned restaurants to choose from. Like most things on the island, food is expensive, but its also very good. Make sure you try the louza sausage, kopanisti cheese, and melopita pie.
Monaco has a number of nationally recognized food spots and restaurants. The cuisine is heavily influenced by both French and Italian cuisines. You'll find many dishes that take advantage of the coastal location, with seafood being very common. The national dish is Barbagiuan, which is a deep-fried pastry that is filled with ricotta cheese, Swiss chard, and other vegetables.
Is Mykonos or Monaco Better for Nightlife?
Mykonos
Monaco
Both Mykonos and Monaco are comparable when it comes to partying.
The nightlife in Mykonos is well established with world renowned clubs and venues. With many exclusive clubs and bars, this island is among the best for nightlife in Greece. Popular options include Tropicana Club, Scarpa, and Super Paradise Beach Club.
Monaco is a world class party destination. It's where sophistication meets glam, with many luxury nightclubs, cocktail bars, casinos, and even opera houses that you can explore. The city attracts celebrities, wealthy business people, and jetsetters who are looking to socialize, see, and be seen.
Is Mykonos or Monaco Better for Resorts?
Mykonos
Monaco
There are resorts to choose from in both Mykonos and Monaco.
Vacationers flock to Mykonos for its luxury resorts. There are many world class luxury resorts on the island that offer a variety of amenities including pools, restaurants, and spas. Popular options include Myconian Avaton Resort, Myconian Imperial Resort and Villas, and Myconian Utopia Resort.
For the ultimate resort vacation, Monaco is a great choice. As the playground for the rich and famous, this city has its share of luxury resorts. Famous hotels include the Hôtel de Paris Monte-Carlo, Hôtel Hermitage Monte-Carlo, and the Fairmont Monte Carlo.
Is Mykonos or Monaco Better for Scuba Diving and Snorkeling?
Mykonos
Monaco
You'll find places where you can go scuba diving or snorkeling in Mykonos and Monaco.
There are many scuba diving and snorkeling spots near Mykonos. There are many good diving and snorkeling spots around the island include shipwrecks and reefs with good visibility.
Monaco has a few good snorkeling spots. There are both beaches that offer walk-in snorkeling spots as well as boat tours that you can book that will take you to some of the best snorkeling and dive sights around Monaco.
Is Mykonos or Monaco Better for Beaches?
Mykonos
Monaco
Mykonos and Monaco both offer beautiful beaches.
Many people visit Mykonos for it's beautiful beaches. This island has become popular for its sandy beaches, but these days they come with a high price. Many are lined with umbrellas and sunbeds that you can rent. They often have bars that bring high energy and loud music. The water is often calm enough to enjoy swimming or water sports. Most of the best beaches are on the southern side of the island, but there are less crowds on the northern side, although the weather may not be as good.
Monaco is a good option for a beach vacation. Located along the French Riviera, the beaches are a mix of pebbles and sand. The only public beach is Plage du Larvotto in Monte Carlo and there are a number of activities available including jet skis and wind-surfing. This is also a very family-friendly beach that kids of all ages can enjoy.
Is Mykonos or Monaco Better for Shopping?
Mykonos
Monaco
Both Mykonos and Monaco are good shopping destinations.
The abundance of shops in Mykonos make it a world-class shopping destination. This island has become the playground for celebrities and the wealthy, so there are plenty of shopping opportunities in town.
Many people travel to Monaco specifically to go shopping. A visit would not be complete without experiencing the city's shopping. There are couture, luxury brands as well as local boutiques that are frequented by the wealthy and famous. Popular shopping areas include Le Metropole Shopping Center, Fontvieille Shopping Centre, and La Condamine Market.
Is Mykonos or Monaco Better for Families?
Mykonos
Monaco
Most people don't think of either Mykonos or Monaco as a family destination.
Mykonos is not the most family-friendly destination. This island is a bit of a party destination, so many people choose alternative islands when visiting Greece with their kids. If you do head to Mykonos, you'll find nice beaches and some good museums.
Monaco is not always a place people visit with their families. The city has a few family-friendly activities like an Oceanography Museum, a Zoological Park, and a harbor where kids can explore. You can also check out the Changing of the Guards in the Old Town. The public beach in town, Plage du Larvotto, is very family-friendly as well.
Is Mykonos or Monaco Better for Couples?
Mykonos
Monaco
Mykonos and Monaco both fun destinations for a couple.
Mykonos is fantastic couple's destination with fun and romantic activities. Couples who enjoy beautiful coastal settings with a great party scene will love a vacation or honeymoon to this Greek island.
Monaco makes for a terrific place to visit as a couple. Filled with luxury, a couple can enjoy perusing the yachts in the harbor, dining on fine cuisine at an award winning restaurant, or staying at one of the many fancy hotels in town. You can also explore the area by air, by taking a truly spectacular helicopter tour.
Is Mykonos or Monaco Better for Public Transit?
Mykonos
Monaco
Both Mykonos and Monaco offer public transit options.
Mykonos has a few public transit options. There is a bus system that connects the towns and beaches on the island. Both major bus stations are on the western side of the island.
Monaco has some public transit options. There is a bus system.
Is Mykonos or Monaco a more walkable city?
Mykonos
Monaco
Mykonos and Monaco both are comparable when exploring on foot.
It is easy to get around Mykonos on foot. Walking is actually one of the only ways to get around town.
It's very easy to get around on foot in Monaco. It's small and compact size means that it is easy to explore the entire area on foot in a short amount of time.
-
Average Daily Cost Per person, per dayMykonos €119Monaco €148
The average daily cost (per person) in Mykonos is €119, while the average daily cost in Monaco is €148. These costs include accommodation (assuming double occupancy, so the traveler is sharing the room), food, transportation, and entertainment. While every person is different, these costs are an average of past travelers in each city. What follows is a categorical breakdown of travel costs for Mykonos and Monaco in more detail.
Accommodation
-
Accommodation Hotel or hostel for one personMykonos €59Monaco €94
-
Accommodation Typical double-occupancy roomMykonos €118Monaco €188
Compare Hotels in Mykonos and Monaco
Looking for a hotel in Mykonos or Monaco? Prices vary by location, date, season, and the level of luxury. See below for options and compare which is best for your budget and travel style.
Kayak helps you find the best prices for hotels, flights, and rental cars for destinations around the world. Compare prices for multiple destinations when planning your next trip.
Our Analysis
We've analyzed the average and typical hotel prices based on guest reviews, star ratings, and hotel amenities here: Mykonos Hotel Prices and Monaco Hotel Prices.
Local Transportation
-
Local Transportation Taxis, local buses, subway, etc.Mykonos €19Monaco €14
Typical Local Transportation prices in Mykonos
Below are a few samples from actual travelers for transportation costs in Mykonos:
-
Bus to Paradise Beach (for 2)€5.60
-
Taxi to Kalafatis€13
Hired Cars and Shuttles in Mykonos
Some specific examples of transportation prices in Mykonos:
- Private Transfer to/from Mykonos Airport (JMK): $52
- Transfer Service: $45
- One Way Private Transfer within Mykonos Island MINI VAN: $73
- Transfer from Mykonos Airport to Aghios Ioannis - Mykonos area up to 6 customers: $98
- Transfer from Mykonos Airport to Aghios Stefanos - Mykonos area up to 6 customers: $98
- Transfer from Mykonos Airport to Agios Sostis area up to 6 customers: $121
- Transfer from Mykonos Airport to Agrari area up to 6 customers: $98
- Transfer from Mykonos Airport to Ano Mera area up to 6 customers: $121
- Transfer from Mykonos Airport to Chora area up to 6 customers: $98
- Transfer from Mykonos Airport to Choulakia area up to 6 customers: $98
- Transfer from Mykonos Airport to Drafaki area up to 6 customers: $98
- Transfer from Mykonos Airport to Elia area up to 6 customers: $121
Hired Cars and Shuttles in Monaco
Some specific examples of transportation prices in Monaco:
- Private Departure Transfer from Monaco Hotels to Nice Airport: $65
- Monaco Transfer: Monaco Cruise Port to Nice Airport: $80
- Departure Private Transfers from Monaco City to Nice Airport NCE: $98
- Nice Airport Transfers : Monaco City to Nice Airport NCE in Business Car: $108
- Departure Private Transfers from Monaco City to Nice Airport NCE in Luxury Van: $118
- Nice Airport Transfers : Monaco City to Nice Airport NCE in Luxury Van: $124
- Nice Airport Transfers : Monaco City to Nice Airport NCE in Luxury Car: $157
- Monaco Private Transfer from Monaco-Ville to Nice Airport: $174
- Between Monaco and Nice: Single Helicopter Transfer: $199
- Private transfer: Monaco Airport (MCM) to Monaco: $622
Is it cheaper to fly into Mykonos or Monaco?
Prices for flights to both Monaco and Mykonos change regularly based on dates and travel demand. We suggest you find the best prices for your next trip on Kayak, because you can compare the cost of flights across multiple airlines for your prefered dates.
Food
-
Food Meals for one dayMykonos €38Monaco €43
Typical Food prices in Mykonos
Some typical examples of dining costs in Mykonos are as follows:
-
Two Ice cream Cones€4.50
Food Tours and Cooking Classes in Mykonos
Also, here are some specific examples of food and dining related activities in Mykonos.
- Traditional Lunch or Dinner at the Mykonian Spiti: $74
- Mykonos Cooking Class: $159
Entertainment
-
Entertainment Entrance tickets, shows, etc.Mykonos €18Monaco €18
Tours and Activities in Mykonos
Some specific costs of activities, tours, and entrance tickets for Mykonos are as follows:
- Mykonos Walking Tour: $40
- Half-Day City Walking Tour and Island Bus Tour: $44
- Discover Authentic Mykonos Tour: $51
- Little Venice Sunset Cruise: $57
- The Original Morning Delos Guided Tour: $68
- Tinos Tour: $93
- One Day Cruise to Delos-Mykonos from Paros Island: $93
- From 6.5-Hour Cruise to Delos and Rhenia: $100
- One Day Cruise to Delos-Mykonos from Paros Island: $129
- South Coast Beach Hopping Boat Tour with BBQ Lunch: $139
- Full-Day Sightseeing Tour with Lunch: $159
- Mykonos Shore Excursion: City & Island Tour: $250
Typical Entertainment prices in Monaco
Here are a few typical costs in Monaco for activities, ticket prices, and tours that come from previous visitors:
-
Grand Prix for Two€101
Tours and Activities in Monaco
Here are a few actual costs in Monaco for available activities, ticket prices, and tours:
- Oceanographic Museum of Monaco Ticket: $20
- Monaco Hop on Hop Off Sightseeing Bus Tour: $29
- Nice: Guided Monte-Carlo Tour: $45
- From Nice: Eze, Monaco & Monte Carlo Half-Day Tour: $51
- Monte-Carlo and Monaco sightseeing walking tour with an expert guide: $56
- Full-Day Small Group Tour to Monaco and Eze: $90
- From Cannes: Monaco Small Group Night Tour: $96
- From Nice: Full-Day Monaco, Monte-Carlo & Eze Tour: $104
- Group tour of French Riviera from the port of Monaco/Monte-Carlo: $112
- Helicopter Sightseeing Flight: $164
- Monaco 30/60-Minute Ferrari Driving Experience: $172
- Lamborghini Sports Car Experience from Monaco: $211
Alcohol
-
Alcohol Drinks for one dayMykonos €16Monaco €21
Sample the Local Flavors in Monaco
Also in Monaco, these are the prices for nightlife and alcohol related activities from various tour providers:
- Authentic Wine Tasting Experience: $48
- Monaco Shore Excursion: Private Tour of Nice and Eze with Wine Tasting: $657
- Private St-Jeannet, St-Paul-de-Vence, and Wine Tour from Monaco: $843
When we compare the travel costs of actual travelers between Mykonos and Monaco, we can see that Monaco is more expensive. And not only is Mykonos much less expensive, but it is actually a significantly cheaper destination. So, traveling to Mykonos would let you spend less money overall. Or, you could decide to spend more money in Mykonos and be able to afford a more luxurious travel style by staying in nicer hotels, eating at more expensive restaurants, taking tours, and experiencing more activities. The same level of travel in Monaco would naturally cost you much more money, so you would probably want to keep your budget a little tighter in Monaco than you might in Mykonos.
Related Articles for Mykonos
Budget Your Trip
Budget Your Trip has average travel costs for thousands of cities around the world, all provided by other travelers. You can also register to organize your spending by category and location with graphs, maps, charts, and tables.More City Comparisons
Paphos vs. MykonosPaphos vs. Monaco
Santorini vs. Mykonos
Santorini vs. Monaco
Mykonos vs. Kos
Mykonos vs. Ios
Mykonos vs. Antalya
Mykonos vs. Rhodes
Mykonos vs. Portimao
Mykonos vs. Lagos
Mykonos vs. Faro
Mykonos vs. Albufeira
Mykonos vs. Corfu
Mykonos vs. Valencia
Mykonos vs. Palma de Mallorca
Mykonos vs. Marbella
Mykonos vs. Malaga
Mykonos vs. Cadiz
Mykonos vs. Almeria
Mykonos vs. Valletta
Mykonos vs. Toulon
Mykonos vs. Saint-Tropez
Mykonos vs. Nice
Mykonos vs. Montpellier
Mykonos vs. Marseille
Mykonos vs. Cannes
Mykonos vs. Barcelona
Mykonos vs. Ventimiglia
Share This Page
Pin This Page
Some of the links on this website are sponsored or affiliate links which help to financially support this site. By clicking the link and making a purchase, we may receive a small commission, but this does not affect the price of your purchase.